RBI Withdraws IFR Requirement for Banks Maintaining Market Risk Capital
The Reserve Bank of India (RBI) has withdrawn the mandatory Investment Fluctuation Reserve (IFR) requirement for banks that maintain capital…
PM Modi Conferred Norway’s Highest Civilian Honour
Narendra Modi was conferred with Norway’s highest civilian honour, the Grand Cross of the Royal Norwegian Order of Merit, during…
Gunveer Singh Appointed RBI Executive Director
Reserve Bank of India has appointed Gunveer Singh as Executive Director (ED) with immediate effect from May 18, 2026. The…
Prudential Plc to Acquire Majority Stake in Bharti Life Insurance
Prudential plc has announced the acquisition of a 75 percent stake in Bharti Life Insurance Company Limited for approximately ₹3,500…
Hinduja Family Retains Top Spot in UK Rich List 2026
The Hinduja family has once again secured the top position in the Sunday Times Rich List 2026, becoming the richest…
India’s Current Account Deficit Likely to Widen to 2.3% of GDP in FY27: HSBC
India’s Current Account Deficit (CAD) is projected to widen sharply to 2.3% of GDP in FY27 from an estimated 0.9%…
TVS Motor to Acquire 4.9% Stake in Jana Small Finance Bank for ₹193 Crore
TVS Motor Company has announced that it will acquire a 4.9% stake in Jana Small Finance Bank for ₹193.3 crore,…
RBI Raises Bond-Trading Targets for Primary Dealers by 48%
Reserve Bank of India (RBI) has significantly increased bond-trading targets for the country’s primary dealers in a move aimed at…
VD Satheesan Sworn in as Kerala Chief Minister
V. D. Satheesan was sworn in as the new Chief Minister of Kerala following the victory of the Congress-led United…
PM Modi Conferred Sweden’s Prestigious Royal Order of the Polar Star
Prime Minister Narendra Modi was conferred with Sweden’s highest civilian honour for a Head of Government — the Royal Order…